Scarnose International Limited

Jun 13, 2022 - Jun 17, 2022

Price ₹55 - ₹55
Premium ₹0
Lot size 2000
Allotment -
Listing -

Category Lot(s) Qty Amount Reserved
Retail 1 2000 110000 0
HNI 2 4000 220000 0
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers2.09
Retail Investors2.34
Employees[.]
Others[.]
Total2.22
About

Incorporated in 2011, Scarnose International Limited manufactures and trades agricultural commodities such as cotton trading, garment manufacturing, yarn trading, and fabric trading. The company has a network of printing, weaving, and stitching units. Scarnose International procures cotton bales from different generous and offers the best quality cotton bales to the principal markets of India. Scarnose International Limited's product portfolio includes raw cotton, cotton bales, yarn and garments for ladies.

The company started manufacturing ladies' dress materials, particularly Kurtis, through an outsourcing model in the financial year 2021 and selling them under their domestic brand "Scarnose".

The company buys raw materials from a variety of suppliers, such as embroidered fabric accessories, fasteners, buttons, labels, laces, and other consumables, and then the manufacturing facility begins cutting, sewing, finishing and ironing them into finished products.

Company Financials

Scarnose International Limited Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax
31-Mar-20 1204.91 1204.56 2.81
31-Mar-21 457.8 3255.72 22.51
31-Mar-22 1242.25 9593.02 33.42
Amount in ₹ Lakhs

 

Lead Manager(s)
Strength
Weakness
Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/